U.S. stocks, bonds, oil end higher between fiscal cliff, Israel

U.S. stock markets seemed to find lawmakers calling a short Friday morning discussion at the White House “constructive” enough to spark hope. The bond market remained skeptical, keeping Treasury prices up.

Also limiting optimism was intensified fighting between Israel and the Gaza strip, which supported the dollar as a safe haven and oil prices.

The Dow Jones Industrial Average
/quotes/zigman/627449INDU rose 46 points, or 0.4%, to 12,588 , paring its weekly loss to 1.8%.

Crude oil for December delivery
/quotes/zigman/2084380CLZ2 added $1.22, or 1.4%, to $86.67 a barrel. The contract was up about 0.7% for the week.

The dollar index
/quotes/zigman/1652083DXY, a measure of the greenback against a basket of six major currencies, rose to 81.191, its highest level since early September and up from 81.039 late Thursday. For the week, the index is up 0.2%.

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